Last week we had our first Facebook live class. We are planning on classes that cover a wide variety of fields, including Human Resources, Payroll, Taxes, Business Development, Information Technology, and QuickBooks®. Make sure to like and follow our Facebook Page to stay up to date with all the upcoming classes.

We are currently redesigning our website; this is to add our new divisions! The departments we are adding are the following: Business Development, Human Resources, Information Technology, Quick Books Proadvisor, Taxes, and Almond Street Business Center.

Business Development

Would you like to grow and improve your company? Ask us today about how we can help you become the company you wish to be.

Human Resources

Need to hire new and qualified individuals? Worried that there might be some stress within your business but can’t find the source? Our Human Resources division can help you but these worries to rest.

Information Technology

Computer slowing down? Phones not working? Don’t have your information protected and are worried about losing your personal data? Ask your Information Technology division about how they can help protect you from the dangers of the internet.

Quick Books Proadvisor

Quick Books is a user friendly accounting software that allows you to customize the financial information. To use the full potential of Quick Books we can: assist you in understanding how a good set of books can help grow your business, set up or transfer your books, and train personnel how to effectively use Quick Books.

Tax & Accounting

Our tax and accounting division can assist you with business, personal, payroll and sales tax filings. We have an Enrolled Agent and an Annual Federal Tax Preparer on staff to help you with your annual tax preparation or tax planning needs.

Almond Street

The Almond Street Business Center offers virtual office services, including Answering Services, Physical address and Administrative services. This gives you the ability to focus on working on your business. Additionally, the Almond Street Business Center has a furnished executive office and conference room available, so you can meet with your clients in a professional setting.

These are just some of the services that we offer.

Because here at Business Resource Partner we are more than just accounting, we are business solutions.

Attention; important information ahead!

As of October 15, 2017, Quick Books is changing their prices for their Quick Books online plus and online essentials. One way to avoid these price changes is to contact your local Quick Books Pro-Adviser and see what they can do for you. We here at Business Resource Partner are always willing and able to help you with any of your Quick Books needs. We are well staffed to handle all of your Quickbooks and accounting needs to allow you to continue to work for your business; instead of worrying about the money.

The deadline for tax-exempt organizations is coming up soon, May 15th. We received an article from the IRS regarding Tax-exempt organizations and wanted to take this opportunity to remind you of important factors to take into consideration when it comes to filing Form 990 for these organizations.

What you need to know:

1. Loss of Tax-Exempt Status: Any organizations that do not file annual reports for three straight years will lose their exempt status so it is important to always file. The 2007 Pension Protection Act requires most tax exempt organizations to file Form 990 with the exception of Churches and Church related organizations.

2. NO Personal Info! Do not include personal information such as social security number, information about donors, clients, or benefactors. This could give rise to identity theft since these forms are often made public.

3. File Electronically Whenever Possible: This reduces the risk of including SSNs and other personal information. E-filing also makes the process smoother and quicker with the IRS receiving your information.

4. What to file? Any organizations with an average annual gross receipts of $50,000 or less will file an electronic notice Form 990-N. Organizations with more than $50,000 will file Form 990 or 990-EZ. Private organizations will file 990-PF. If you need to file a six-month extension for your organization, use Form 8868.

5. Check Tax-Exempt Status: The IRS publishes the list of organizations that have lost their tax-exempt status for failure to file for three years. Any organization that wants to have their status reinstated must pay any fees and file an application. To check a status, visit Select Check.

Our staff at Business Resource Partners is knowledgeable in all aspects of tax preparation, our Enrolled Agent is able to represent you to the IRS if needed and we are happy to help with tax preparation, filing and planning.
Call to make an appointment (321) 236-2771 or stop by our office, we look forward to serving you! 310 Almond Street Clermont, FL 34711

Starting on May 31st, 2017, users of QuickBooks 2014 will not have access to certain features and add-on services. This will include all versions of QuickBooks Desktop (Pro, Premier, Enterprise Solutions, Accountant Edition, and Mac). If you do not use the add-ons, your product will still work but you will not be able to subscribe to live technical support or any other intuit service.

What does this mean for you?

You will need to upgrade to the latest version of QuickBooks as soon as possible if your products are being affected by this change.

Access to the following will no longer be available after May 31st: Desktop Payroll Service, Live Support, Online Backup, Online Banking, etc.

QuickBooks will notify affected customers in advanced by mail or e-mail. Keep an eye out for any additional information or updates that may affect you.

Below is a table provided by Quickbooks that further explains what services will be discontinued

Business Resource Partners is updated with the latest version of QuickBooks online & Quickbooks Proadvisor for all years and versions. Our knowledgeable staff is ready to help with your QuickBooks Desktop or QuickBooks online needs. Give us a call to schedule an appointment or stop by our office! (321) 236-2771310 Almond Street Clermont, FL 34711

About two months ago, I met a young man full of enthusiasm to start his own business providing lawn services. The momentum was lost after a few weeks and he abandoned the idea. You may think he gave up, however, it was the capital that dried up. He purchased a used trailer that ended up using all his financial resources in repairs.

Starting any business is more than an idea – it is a combination of the idea, the working capital, the resources, the business environment, and the government rules and regulations. By following the basic startup steps, you are not guaranteed success, however, the likelihood increases significantly when you follow these steps.

Create a Business Plan

Secure financing for your business

Decide on the legal structure

Register your Business

Register for the federal and state taxes

Get your business licenses and permits

Understand your responsibilities as an Employer

Contact your BRP Business Development team today to help you with your business startup! (321) 236-2771.

We’ve provided information over this tax season about many different scams and tactics used to steal personal information from you. However, just because tax season has come to an end, this does not mean that scamming season has too. We’ve received an article from USA.gov about caller scams and what you can do to protect yourself, here’s the main points to consider:Did you know that caller IDs can be faked?
If you receive a call from Washington DC from someone who claims they are from the IRS, beware! The caller may even know part of your social security number, they will threaten to sue, arrest, or deport you if you do not pay. They may even give specific information about how to send a payment such as pre-paid cards or wire transfers. The IRS will never contact you via phone, there are very few authorized collection agents who may contact you by phone call, but this will only occur once you have received multiple letters from the IRS with information about who is assigned to you specifically.

What can I do if I get one of these calls?

Do not make any kind of payment or share account information!

Once you do this, there is no way to get the money back because the scammers are using false information and will disappear right away. If you have any questions about payments on taxes, visit IRS.gov/payments. You can also call the IRS at (800) 829-1040.

Tell your friends and family!

The more people know about these scammers and their tactics, the less scam victims there will be. It is important to spread the word to everyone and stay updated on different methods used to obtain personal information.

Additional steps:

If you spot a scam, report it to the Federal Trade Commission.
Call the FTC at 1-877-382-4357 or go to this page.
For this, and more articles regarding scams, visit FTC Consumer Information.

Business Resource Partners has an Enrolled Agent on staff who will help you with your tax preparation needs. We offer more than just tax preparation and bookkeeping! Visit Our Services section to find out what BRP can do for your business!

The IRS will send millions of correspondence for different reasons. We wanted to share some information we received about what you should do when you receive a letter from the IRS.

Here’s what to do:

Don’t Panic! Responding will take care of any issues.

Read Carefully: There can be many reasons for receiving a letter from the IRS. Most deal with tax returns or accounts. The letter will provide specific instructions and details about what to do so it is important to read the letter carefully and more than once.

Is the letter asking for something? It might be about changes to your account, taxes owed, or a payment request. Sometimes, they may ask for more information on the issue discussed.

Is it about changes to a return? If the letter indicates a change or correction to your tax return, review the changes and compare it with your original return (You should always have your own copy).

Is a reply necessary? There is no need for a reply unless instructed, or if you need to make a payment.

Don’t agree with your notice? Respond! There is a contact stub at the bottom of each letter so you may respond and explain why you disagree. Be sure to include any supporting documents for the IRS and allow up to 30 days for a response. Always send this type of correspondence certified and keep copies of everything you send.

No appointments necessary: If you need to call, use the phone number that is on the upper right hand corner of the notice. Have your tax return and notice in hand for reference.

Keep Records! Always keep copies of any notices that you receive along with your tax records.

Be aware of scams: The IRS will never send you an e-mail or contact your through social media and ask for financial information. They will never demand a specific form of payment such as a prepaid card. For information on payment options, click here.

Business Resource Partners has been happy to serve you this tax season and we look forward to 2017! We have our Enrolled Agent on staff who will directly represent you to the IRS and assist in tax planning for you and your business. We offer more than just bookkeeping and taxes for your business! For a complete list of our services, please visit our Services page.
Our sister company, Almond Street Business Center offers a variety of services for your company as well. You may also click any of the links below for more information.

The IRS has sent us an interesting article that will affect many tax payers, we wanted to share this with you before the end of tax season.

Starting this month, the IRS will be using four private-sector collection agencies (PCA) to collect unpaid tax debts on the government’s behalf. This is authorized under a federal law that was enacted by congress in December of 2015. These are tax debts that are not currently being worked on and were assessed years ago. If a tax payer is being assigned to a private firm, there would have been multiple attempts to contact by the IRS in the past years.

How is this going to work?

The IRS will send an official letter to the tax payer and his or her tax representative informing them that they will be assigned to a PCA and will be given the name and contact information for the PCA. This mailing will also include a copy of Publication 4518 of what to expect.

Once your letter is sent, the designated private firm will send a letter to the tax payer with information that will assure that the transfer and all future collection calls are legitimate.

Important:The PCA are authorized to discuss payment options and payment agreements. However, all payments must be made directly to the IRS via check, or electronically. Never make a payment to a private firm or anyone besides the IRS or U.S Treasury. For more info on payment options, click here.

There will be scammers who jump at this opportunity to pose as PCA employees. It is important to know that these agencies will only be assigned if you owe money from previous tax years. You will be made aware about these PCAs before you hear from them.

The IRS or PCA will never:

Call to demand immediate payment using a specific method such as prepaid card or wire transfer

Threaten to call local police or other law-enforcement groups

Demand payment without the opportunity to question or appeal the amount owed

Ask for any credit or debit card numbers over the phone

You don’t need to wait for a call or letter from the IRS! It is important to always come forward and pay what you owe, or set up a payment plan. For a list of ways to take advantage of this, visit IRS.gov.Tax filing deadline is approaching soon! Business Resource Partners has an Enrolled Agent on staff who will directly represent you to the IRS if ever needed. We would be happy to prepare and file your business and personal taxes! Give us a call to set up an appointment (321) 236-2771 or visit us at 310 Almond Street Clermont, FL 3711.

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Testimonials

Lorrie of Business Resource Partners is a great Leader & Teacher and is not anything like your typical Accountant where they have a hard time communicating with you. She is friendly,smart & witty, Lorrie definitely knows her stuff. She has a great staff as well that we got to meet at our quarterly meeting with her - Van's Carpet Cleaning Svc

Van's Carpet Cleaning Svc

I called Lorrie before starting my new business (over 3 years ago) to help me set up my Quickbooks and that has been one of the best decisions I ever made. Lorrie is a dream to work with always patient with all my questions and there is NO problem she can't handle. Whenever I need something addressed I receive assistance within minutes. I recommend Business Resource Partner to anyone needing Quickbooks and Accounting Services. THANK YOU LORRIE AND STAFF FOR MAKING MY JOB AS A BUSINESS OWNER SO MUCH EASIER!

A little Bo-tique

Lorrie is a lifesaver!! When I took over the bookkeeping for the business we had been getting robbed and everything was a disaster. She had me streamlined and ready to go within 2 days and the system she set up works perfectly and saves me tons of time on a daily basis. I would totally recommend her to any business!!!

Campground Membership

After dealing with multiple accountants I was referred to Lori Reed with business resource partners. By far the help and knowledge from this business has helped me expand my business and given excellent customer service. Without a shadow a doubt I'd refer her and her business for any other person needing an accountant.

Quickbooks Pro Advisor Review

I am in the early stages of working with Lorrie, but so far she has been very informative and helpful in getting me set up with QB Online. She explains the terminology and features in a clear way (I had never touched QB or anything like it before) and I can see that she will be an invaluable resource as my business grows.

Quickbooks Pro Advisor Review

Lorrie and her team is very knowledgeable and friendly. I feel confident in the work they do for me which gives me the peace of mind I need. Being a business owner I need to trust the people working with me are helping me every step of the way. Lorrie and her team gives me that feeling.

Quickbooks Pro Advisor Review

"Thanks for fixing my books, you did a great job!"

Barbara White, White Grafix

"Not only did she teach QuickBooks Premier - Contractors Edition but she worked with basic office organization and keeping the NETWORK maintained."

Lacey Getlaff, AlexCor Inc

"When I accepted the position of Treasurer of the Screaming Eagle Band Boosters, I had absolutely no experience with Quick Books Online. With a few training sessions with Lorrie Reid, I was able to move around the program with ease! Her expertise and wealth of knowledge are invaluable. I would highly recommend her to any new or existing business interested in learning an easy, no-nonsense way to keep impeccable accounting records."

Kristine Polfer, Treasurer

"Lorrie is a wizard with numbers and truly has the heart of a teacher. If you want to learn to do better and do some yourself she is your gal or if you just want her to clean up the mess you have made of your books she can do that too!"

Stephen Elmore

"Everyone needs Lorrie! QuickBooks changed my business once I truly new how to use it"

Darlene, Mizz Realty

"Lorrie helped me quite a lot. She cleaned up many months of my Quickbooks mishaps. I'm perfectly happy with my experience with Business Resource Partner. The rates are cheaper than anywhere else in town so that's always a plus."

Georgia, Artisans on Fifth

"With Lorrie's help and determination, I now feel like I am truly in the "drivers seat" of my business; financially. What used to keep me up at night I can now just click a couple of buttons and know where I am.. I truly know I have made the right choice with Business Resource Partner."

Brad, Anytime Fitness

Business Resource Partner, owned by Lorrie, has managed my books for a while now. She is great at what she does, and takes her work VERY SERIOUS.. I have personally recommended her to all my friends, every chance I get, and will continue to do so!"